317 E 38TH ST INDIANAPOLIS IN 46205
About This Property for Sale
Marketing description
XMark Midwest is pleased to offer The Ritz Apartments, a 16-unit apartment community located on the city’s Northside at 317 E. 38th St., Indianapolis, IN 46205.
Built in 1923, the property encompasses 0.49± acres and consists of one two-story building with 11,568 rentable square feet. The property consists of 16 spacious one bedroom/ one-bathroom units. All units are separately metered for electric with individual furnaces. Mapleton-Fall Creek is a historic, diverse Northside Indianapolis neighborhood bordered by 38th Street, Fall Creek Parkway, and Meridian Street. Known for it’s early 20th-century Tudor and Colonial Revival homes, the area offers a central location, strong community, and proximity to the Children’s Museum of Indianapolis, the Monon Trail, and downtown.
Investment highlights
Excellent Unit Amenities
Great Location
High Historic Occupancy
Spacious One-Bedroom/One-Bathroom Units
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